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  • [the seller] is incentivised to keep the price high as an indicator of the quality.

    Yep, basically some version of that.

    However, the quality of a degree course is transparent(ish), and comparable to competing degree courses.

    I think all courses in the same degree will harmonise their fees over time (within reason) - if the idea that a media course might present itself as a lesser course (compared to, say, a degree in law) by charging less, then this applies even more so to two competing media courses.

    • i.e. The Market for Lemons

    I've heard some slurs against students recently, but this . . .

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